Rig stock price today forecast implies cautious optimism, with short-term moving average crossing above long-term MA — a golden cross often signaling potential breakout for momentum investors. As covered by TipRanks contributor Shrilekha Pethe, as well as by Bloomberg and others, GME stock unexpectedly zoomed higher on Monday, even doubling in price at around 10:00 a.m. Eastern time. Thanks to Pethe’s reporting, I quickly learned that there weren’t any company-prompted catalysts on May 13, such as an earnings report or an announcement from GameStop’s CEO, Ryan Cohen. The most recent analyst rating on (RIG) stock is a Buy with a $5.50 price target. To see the full list of analyst forecasts on Transocean stock, see the RIG Stock Forecast page . Rig stock price today forecast indicates a possible rebound toward $6.30 if Brent oil stays above $82 per barrel. Current sector sentiment is moderately bullish on energy services stocks after rig utilization climbed this week.